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Domain Transaction Methods

Escrow is an account or service hold by an independent, trusted
third party in a transaction process on behalf of transacting
parties. You can use escrow for domain names, website development,
custom programming, or any other intellectual property matter.

In a domain name escrow, an independent, trusted company
acts as a third-party agent in the selling-buying process. The
escrow agent connects the buyer to the seller, and ensures that
both parties receive exactly what was agreed to before the purchase.
In other words, the buyer will only receive the domain name
once the seller has paid the escrow. And the seller will only
receive the compensation for the domain name once it has been
transferred to the buyer.

The third party escrow agent will not only collect and disburse
funds, but will also verify domain name ownership prior to the
transaction, collect documents or other important materials
from the seller, and execute the agreement based on contractual
prerequisites.

We recommend using Escrow.Com to complete the transaction,but
you can also choose other method for your convenience,and you
can get more information at this page - "Escrow
Service&Fee Standards"

The Process of Domain Name Escrow

In general, the process of domain name escrow involves collecting
the money, pushing the seller to transfer the domain name to
the buyer and disbursing the money to the seller. However, there
are also companies which hold both the money and the domain
into a holding account to prevent the seller receive the fund
without domain name transfer. The following is the general process
of a transaction using the domain name escrow. 1.Agreement between Buyer and Seller
After registering with an escrow company, both parties should
agree to the terms of transaction which basically involves price,
domain name, method and date of payment. 2.Payment to Escrow Company
The buyer transfers the money to the escrow company using approved
payment method. Once the payment is confirmed, the company will
notify the seller to transfer the domain name. In some cases,
the seller has already transferred the domain name to the escrow
company.
3.Domain Name Transition
The escrow company will prompt the seller to work with the buyer
and registrar to change the domain name ownership. Different
procedures apply to different registrars.
4.Confirmation of Domain Name Ownership by Buyer
Once the buyer confirms the domain name ownership, the escrow
company will inspect whether WHOIS information reflects the
buyer’s profile. 5.Disbursement of the Money to the Seller
After the escrow company inspects, checks and verifies that
the domain name has changed ownership, the seller receives the
money and the transaction is complete.